...plies software to insurers, earlier this month and the company's stock price has climbed 47 percent since the hedge fund first publicly disclosed its position in the company in November.
OMNOVA was trading at $7.08, of...

...ush for separating the company’s two businesses was the activist investor Nelson Peltz, CEO of Trian Partners hedge fund, which holds a 1.19% stake in PepsiCo. Last year, Peltz said that the company’s stock could be wort...

...n, after almost tripling during the previous five years, according to the most recent data from Chicago-based Hedge Fund Research Inc. The investors have increasingly found opportunities in the restaurant sector, with Da...

...ction to its board of directors... UBS said Wednesday that it will nominate Jes Staley, a managing partner at New York-based hedge fund BlueMountain Capital Management, for election to its board of directors.
...

.... It’s entirely likely that Smith’s win will embolden activist investors even more.
According to Fortune and Hedge Fund Research, the amount of money in activist hedge funds has jumped from $36 billion at the end of 200...

...e two most logical buyers, at least for the near term, said Toan Tran, managing partner at technology-focused hedge fund Castle Union LLC.
"ISSI makes money making products that big guys don't want to be making anymore,...

... his fans felt that Smith had something to prove. “I would put him in the ‘arrogant punk’ category,” says one hedge fund manager who has joined Smith’s activist campaigns in the past.
Smith grew up in Great Neck, Long I...

...having one of its best years ever with a 35 percent gain for the year through the end of October. The average hedge fund has gained only 2 percent and the broader S&P 500 index has gained about 13 percent.
The battle fo...